Bangalore Metro: BMRCL decides to split the project
In a major development related to Bengaluru Namma Metro project, the Bangalore Metro Rail Corporation Ltd., (BMRCL) on Thursday decided to split the under ground construction project into two parts. This decision was taken in view of the earlier lowest bid was more than the estimated cost of Rs. 2400 crore, this time BMRCL wanted to reduce the cost by attracting more bidders. According to BMRCL Chairman M. Ramachandran the board of directors of BMRCL, which met in New Delhi, decided to separate the Majestic-City Market stretch (North-South Corridor) of the underground section and the Majestic-Cricket Stadium (East-West Corridor) stretch in to two seperate projectcs. The earlier tender for the separated stretch would be recalled and while fresh bids would be invited for the separated parts, however, BMRCL decided to continue the negotiations with the already short-listed lowest bidder for the Majestic-Cricket Stadium stretch. Originally, BMRCL invited bids for the ...